The development opportunity in Almancil offering 15 semi-detached villas with private pools is located at Poço Novo and is priced at €4,000,000. The sale comprises two plots measuring a combined 6,467 m². An approved project is included for the proposed villa development. Each villa is planned across a ground floor, first floor, rooftop, basement and private pool. The project’s stated construction area is 3,233.50 m². Building works are not included in the asking price. This gives developers the opportunity to take the scheme forward according to the approved design and their delivery strategy. Mains water and drainage are available. The plots have easy access and an existing ruin. Local amenities are close enough to support a convenient residential setting. The site is near Almancil and the Algarve Golden Triangle. Quinta do Lago, identified as the nearest town, is approximately 5 km away. The nearest beach is around 8 km from the project. The sea is approximately 5 km away. Golf courses are accessible at about 11 km. Faro Airport is roughly 14 km from the plots. A school is listed at approximately 13 km. The countryside view adds a quieter backdrop to a project positioned near renowned Algarve leisure destinations. The villa format could appeal to owner-occupiers, second-home purchasers and holiday rental investors, subject to the final product and legal requirements. Developers should obtain independent advice on construction costs, market pricing, taxes and projected returns before committing. Contact us to arrange a viewing and review the approved project documentation.
• Plot Size 6.467m²
• Construction Area 3.233,50m²
• The price includes the plot and the approved project but not the construction of the building
• 15 Semi-Detached Houses in the elaboration (Construction) phase
• Mains Water and Drainage
• Close to Town and Amenities
• Distance to Beach 8km
These two plots are in a prime location, minutes from the Golden Triangle.
The project consists of 15 semi-detached houses. Each villa will consist of ground floor, 1st floor, rooftop, basement and pool.
• Distance to Sea – 5km
• Distance to Beach – 8km
• Distance to Nearest Golf – 11km
• Distance from Airport – 14km
• Distance to Nearest School – 13km
• Distance to Nearest Town – 5km (Quinta Do Lago)
